Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income

v3.7.0.1
Accumulated Other Comprehensive Income
3 Months Ended
Mar. 31, 2017
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income

NOTE 8.  ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME



Accumulated other comprehensive (loss) income (“AOCI”) primarily consists of unrealized losses in our marketable securities, foreign currency translation adjustments and changes in our forward foreign exchange contracts.  The components of AOCI, net of tax, were as follows:













 

 

 

 

 

 

 

 

 



 

Foreign Currency Translation Adjustments

 

Unrealized Gains (Losses) on Cash Flow Hedges

 

Total



 

 

 

 

 

 

 

 

 

Balance as of December 31, 2016

 

$

(1,729)

 

$

724 

 

$

(1,005)

Other comprehensive income (loss) before reclassifications

 

 

284 

 

 

(164)

 

 

120 

Amounts reclassified from other comprehensive income (loss)

 

 

(20)

 

 

(163)

 

 

(183)

Net current period other comprehensive income (loss)

 

 

264 

 

 

(327)

 

 

(63)

Balance as of March 31, 2017

 

$

(1,465)

 

$

397 

 

$

(1,068)



 

 

 

 

 

 

 

 

 

The effects on net loss of amounts reclassified from unrealized gains (losses) on cash flow hedges for foreign exchange contracts and foreign currency translation adjustments for the three months ended March 31, 2017, were as follows:







 

 

 

Affected line item in the Condensed Consolidated Statement of Comprehensive Loss

 

Gains reclassified from AOCI to the Condensed Consolidated Statement of Comprehensive Loss

Foreign exchange contracts:

 

 

 

Sales

 

$

296 

Less: Income tax expense

 

 

133 

Amount reclassified, net of tax

 

$

163 



 

 

 

Foreign currency translation adjustments:

 

 

 

Other, net

 

$

20 



 

 

 

Total reclassifications from AOCI

 

$

183 



The Company’s policy is to classify reclassifications of cumulative foreign currency translation from AOCI to Other, net.